Loan Agency Sr Analyst
Citigroup
Transaction Management will be responsible for supporting multiple aspects of the lending lifecycle including but not limited to loan closing and servicing coordination, facilitating complex client onboarding, data management, and quality control. The team will be accountable and responsible for operational oversight of the closing and servicing of all loan transactions of the business division being supported to ensure all internal and external requirements are met.
This is a role in the Syndicated Loans Agency department (within Transaction Management). Some of the key responsibilities are as follows:
+ Liaise with arrangers, lawyers and the originating business areas in the review and negotiation of draft loan / credit documentation from an operational, legal and agent’s role perspective. Provide comments, requests for amendments, and feedback as necessary.
+ Attend meetings with Front Office personnel to ensure understanding of the responsibilities of the Agent role for individual transactions.
+ Provide guidance to clients and business where required.
+ Co-ordinate with business partners in other products to arrange transactions to meet clients’ requirements.
+ Liaise with Business and external lawyers to ensure Conditions Precedent to drawings have been met.
+ Prepare working summary for Agency Operations highlighting deal specific nuances.
+ Provide relevant data to enable Agency Operations to create an accurate record of all facilities in the Flexcube system database.
+ Syndicated Loan Admin - Portfolio Servicing
+ Management of individual loan portfolio.
+ Assist Agency Operations team with the processing of non-vanilla drawdowns.
+ Interaction with any other relevant internal departments, including Internal Legal, Compliance, Tax, Trade, Agency and Trust, where necessary.
+ Communication with Borrower, Lenders, Export Credit Agencies and other relevant parties in day-to-day issues / queries.
+ Receive, review and manage all waiver/ amendment requests received from borrower / lenders, including actual or potential Events of Default. Negotiate on syndicate’s behalf where necessary, and oversee calls and meetings with syndicate. Maintain the central record of outstanding amendments and waivers, and also log all activity for the same.
+ Co-ordinate and lead event driven calls with lenders/lawyers
+ Review and sign off of documentation and system/record updates in relation to any secondary debt trades/transfers
+ Provide guidance and assistance to junior and less experienced members of team.
+ Maintain all records, including lenders’ credit contact lists, and maintain both electronic and hard copy filing for portfolio.
**Responsibilities:**
+ Contribute to the build and development team to support loan origination and lifecycle management which includes large complex syndicated and bilateral loans covering but not limited to corporate, commercial, real estate, structured lending and trade.
+ Assist with the creation of processes, standards, procedures, controls, training, and implementation of transaction management.
+ Aid in the design and implementation of technology including testing and rollout.
+ Provide training and support to transaction management staff and business constituents.
+ Partner with each of the originating and coverage business lines, credit risk, operations, legal, etc.
+ Ensure that quality of data, controls and processes performed meet internal policies and regulatory requirements/expectations.
+ Work with lines of business, transaction management, and loan operations to define and implement operational metrics and risk and control reviews to ensure all stakeholders have end to end transparency.
+ Constantly improve processes, controls and efficiencies within the group and front to back across loan lifecycle
+ Participate in projects to enhance performance and efficiency.
+ Take part in loan remediation and loan system testing / migrations.
+ Actively manage and maintain a deal closing pipeline of loan transactions.
+ Coordinate and close loan transactions/lifecycle events, capture data, store documentation, troubleshoot issues/roadblocks, perform quality control
+ Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
**Qualifications:**
+ Individual must have excellent communication, organizational and interpersonal skills.
+ Individual must work well under tight deadlines, manage priorities, and complete assigned tasks with minimal management follow up.
+ Candidate has quantitative skills with a high proficiency with Excel and other Microsoft based programs.
+ Tableau or visualization tool familiarity
+ Experience with Loan IQ, transaction capture tools, etc.
+ Keen attention to detail
+ Developed analytical and problem-solving abilities
+ Client relationship and solution skills
Additional non-core qualifications which will be considered are:
+ Experience within a large global team supporting wholesale lending at large financial Institution
+ Knowledge of wholesale loan (syndicated / bilateral) product and business, including an understanding of legal loan documentation, loan / funding mechanics, deal structure, funds flows, etc.
+ Experience working with clients under time constraints to facilitate a transaction or process.
+ Proven ability to collaborate with team members, Senior management and other business constituents
+ Critical decision-making capabilities including the ability to identify, escalate, and propose solutions to problems
+ Ability to multi-task through the practice of strong organizational and time management skills with experience in continuously following-up with various stakeholders
+ Understanding and awareness of appropriate corporate and regulatory policies in relation to Lending
+ Deep understanding of operational processes supporting Wholesale lending
+ Focus on achieving/exceeding key operating standards within a KPI/metrics driven culture
+ Ability to work in an environment where priorities are frequently changing
**Education:**
+ Bachelors/University degree or equivalent experience
This is a role in the Syndicated Loans Agency department (within Transaction Management). Some of the key responsibilities are as follows:
+ Liaise with arrangers, lawyers and the originating business areas in the review and negotiation of draft loan / credit documentation from an operational, legal and agent’s role perspective. Provide comments, requests for amendments, and feedback as necessary.
+ Attend meetings with Front Office personnel to ensure understanding of the responsibilities of the Agent role for individual transactions.
+ Provide guidance to clients and business where required.
+ Co-ordinate with business partners in other products to arrange transactions to meet clients’ requirements.
+ Liaise with Business and external lawyers to ensure Conditions Precedent to drawings have been met.
+ Prepare working summary for Agency Operations highlighting deal specific nuances.
+ Provide relevant data to enable Agency Operations to create an accurate record of all facilities in the Flexcube system database.
+ **Syndicated Loan Admin - Portfolio Servicing**
+ Management of individual loan portfolio.
+ Assist Agency Operations team with the processing of non-vanilla drawdowns.
+ Interaction with any other relevant internal departments, including Internal Legal, Compliance, Tax, Trade, Agency and Trust, where necessary.
+ Communication with Borrower, Lenders, Export Credit Agencies and other relevant parties in day-to-day issues / queries.
+ Receive, review and manage all waiver/ amendment requests received from borrower / lenders, including actual or potential Events of Default. Negotiate on syndicate’s behalf where necessary, and oversee calls and meetings with syndicate. Maintain the central record of outstanding amendments and waivers, and also log all activity for the same.
+ Co-ordinate and lead event driven calls with lenders/lawyers
+ Review and sign off of documentation and system/record updates in relation to any secondary debt trades/transfers
+ Provide guidance and assistance to junior and less experienced members of team.
+ Maintain all records, including lenders’ credit contact lists, and maintain both electronic and hard copy filing for portfolio.
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**Job Family Group:**
Operations - Transaction Services
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**Job Family:**
Transaction Capture Services
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**Time Type:**
Full time
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